1988 JUL 19 REG MIN - Laserfiche WebLink

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Moved by Councilman Rios, seconded by Councilwoman Cisneros, to close the Public Hearing. Unanimous vote. Moved by Councilman Rios, seconded by Councilwoman Garcia, to waive full reading, pass Second Reading and adopt Ordinance No. 0-18-88. Unanimous vote. ORDINANCE NO. 0-18-88 - AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF (Second Reading) COLTON, CALIFORNIA, ADDING CHAPTER 12.32 TO THE COLTON MUNICIPAL CODE AUTHORIZING THE ESTABLISH- MENT OF FEES FOR DEVELOPMENT PROJECTS TO PROVIDE FOR PUBLIC IMPROVEMENTS WITHIN SPECIFIED AREAS OF BENEFIT. CITY MANAGER'S REPORTS AND RECOMMENDATIONS: Grants City Manager Benest reported on a proposed Grant the City will be re- ceiving from the State in the amount of approximately $320,000, which will be a five year sustaining Grant to be used towards the City's Literacy Program. Mr. Benest said this will enable the City to provide a first class training program to our citizens. ..� Community Facilities District No. 87-1 Ord. No. 0-22-88 Assistant City Manager Leslie Keane reported on a proposed Ordinance establishing Fiscal Year 1988-89 Special Tax Levies for Community Facilities District No. 87-1. Ms. Keane said each year the City Council is required to set the actual tax for the District and to adopt a budget for the expenditure of funds collected. The City's initial actions forming this District specified a first-year base tax of $500 - $600 per residential lot and $1,000 - $1,600 per acre, depending on the stage of each parcel's development. This amount may be increased by 2 percent each, if required, to support District activities. At the June 29 Council Meeting, the City authorized the sale of $1.5 million in bonds to design and construct the Eucalyptus Storm Drain system and to pro- vide for initial design and engineering of the fire station and recrea- tional facilities. Staff is recommending that first-year assessments in Community Facilities District No. 87-1 be used to fund debt service and that remaining monies, approximately $70,000, be reserved for the purchase of police and fire equipment to provide future services to the area. Ms. Keane concluded Staff recommends Council approve a Fiscal Year 1988- 89 budget for Community Facilities District No. 87-1 in the amount of $220,288, waive full reading and pass First Reading of Ordinance No. 0-22-88. 3